Buy with Yoreevo
$3,377,333
List Price: $3,400,000
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16-83 Woodbine Street
House in Ridgewood •  building info
12bd • 4ba • 2,400ft² $1,417 per ft²
Buy with Yoreevo

$3,377,333

List Price

$3,400,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
17
Last price change
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Estimated payment
$22,493
Taxes
$2,646
Monthly maintenance
N/A
Description
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$3,400,000
Asking Price: $3,400,000
Term
30 Years
Down Payment
$340,000 (10%)
Min: 10% (340,000)
Rate
6.75 %
Mortgage Amount
$3,060,000
Mortgage Payment
$19,847
Taxes
$2,646
Estimated Yoreevo rebate
$22,667
Estimated closing cost
$131,000
Total monthly cost $22,493
Buy your dream home with us and get an estimated
$22,667 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of EXP Realty

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.